Imports into UAE from the Arab World up 5.7 percent

The Emirates Industrial Bank reported that United Arab Emirate (UAE)’s imports from the Arab World grew by an average of 5.7 percent per annum from 1995-1999, reported Al-Watan . The Bank also reveal

The Emirates Industrial Bank reported that United Arab Emirate (UAE)’s imports from the Arab World grew by an average of 5.7 percent per annum from 1995-1999, reported Al-Watan . The Bank also revealed that some of these imports were re-exported to neighboring countries. The bank also reported that the country’s exports to the Arab World grew by an average of 3.5 percent per annum from 1995-1999 and that Pan-Arab trade volume constituted 85 percent of overall Arab commerce in the last decade. — (menareport.com)